Swiss Exchange launches crypto platform

The Swiss Stock Exchange is committed to a global leadership in the digital assets trading, announcing plans to create a new market infrastructure for operations with cryptocurrencies.

The platform, developed by the Swiss Exchange, will use the mechanisms of the blockchain. It will allow customers to conduct operations with crypto-currencies, such as bitcoin. In addition, the exchange will offer support after transactions: settlement of transactions and storage of assets.

“It’s very clear to us that much of what’s happening in the digital space will remain and determine the future of our industry. Now, the financial industry must bridge the gap between traditional financial services and digital communities,” Six CEO Jos Dijsselhof said in an interview with the Financial Times.

Earlier, the chairman of the Swiss Stock Exchange SIX Romeo Lacher stated that he sees in the creation of the national crypto currency vast opportunities for economic development. In this regard, the Federal Council of the Government get instructed to prepare a report on the risks and opportunities to launch public digital money.


Photo: Wikimedia commons

However, the Swiss regulator criticized the blockchain, calling the technology too primitive. The head of the Swiss National Bank Thomas Moser said that the idea of ​​issuing a national cryptocurrency on its basis is inexpedient. At the same time, the representative of the regulator did not rule out that the technology will develop, since it has a certain potential. Source:

View the full story

Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x